17442. Miami Valley Bank (Dayton, OH)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 10, 1857
Location: Dayton, Ohio (39.759, -84.192)

Metadata

Model: gpt-5-mini
Short Digest: 9dfea820

Response Measures

None

Description

Multiple contemporaneous newspaper dispatches (dated Sept 10, 1857) report the Miami Valley Bank of Dayton has suspended. No article describes a depositor run, reopening, or receiver being appointed in these excerpts, but the bank is listed among 'suspended and broken banks' in later compilations of the 1857 crisis. I therefore classify this as a suspension that resulted in closure.

Events (1)

1. September 10, 1857 Suspension

Cause: Macro News
Cause Details: Suspension occurred during the wider financial panic of 1857; reported alongside many other bank failures and suspensions in contemporaneous dispatches and lists of suspended/broken banks.
Newspaper Excerpt: DAYTON, Ohio, Sept. 10.-The Miami Valley Bank (Independent) has suspended.
Source: newspapers

Newspaper Articles (10)

1. September 11, 1857 New Orleans Daily Crescent New Orleans, LA

Article from New Orleans Daily Crescent, September 11, 1857

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Telegraphed to the New Orleans Crescent. FOREIGN SHIPPING INTELLIGENCE. [BY THE NATIONAL LINE.] LIVERPOOL, Aug. 29.-The Linda, from New Orleans, has arrived at Barcelona ; the Lason at Bordeaux, and the Neptune at Texel. The Magic Pill sailed from Liverpool for New Orleans on the 26th. The C. H. Pennel, from Liverpool for New Orleans, the 27th. Loss of a New Orleans Ship. The ship Lexington, from New Orleans for Liverpool, with 1,100 bales of cotton, went ashore in Brandon Bay. The crew were all saved. Another Suspension. DAYTON, Ohio, Sept. 10.-The Miami Valley Bank (Independent) has suspended. Liabilities unknown, but certainly large. Steamship Clyde Disaster. QUEBEC, Sept. 10.--The Captain of the steamer Clyde has arrived here and reports that the steamer, cargo and mails, with the passengers' baggage are all a total loss. Mrs. Cunningham Indicted. NEW YORK, Sept. 10.-The Grand Jury has returned a true bill against Mrs. Cunningham for producing a suppositious heir to the Burdell estate. New York Democratic Convention. SYRACUSE, Sept. 10.-The Democratic State Convention met here to-day. When the New York city delegation reached the room confusion commenced, and a recess was taken. After the adjournment a row took place on the platform between the friends of Mayor Wood and Dan E. Sickles. More Failures. NEW YORK, Sept. 10.-The Bank of New Jersey at Brunswick has failed. Fred. G. Swan, of this city, commission merchant, hat failed. Massachusetts Politics. BOSTON, Sept. 10.-Gov. Henry Gardner has received the nomination for Governor from both wings of the American party. Minnesota Politics. CHICAGO, Sept. 10.-Ex-Gov. Ramsay was yesterday nominated by the Republican State Convention of Minnesota for Governor. Domestic Markets. NEW YORK, Sept. 10.-Cotton is dull; Orleans Middling 16, Upland Middling 153. Flour is unsettled. White Wheat $1 35 to $1 50 Red $1 25 to $1 34. Corn 69 to 713c. Mess Pork unchanged. Coffee 103 to 11c. Sugar steady. Chicago Beef $21 50. Bacon steady; Western Smoked 15c ; Hams 12c. CINCINNATI, Sept. -Flour sold at $4 50, but closed unsettled at $4 30 to $4 40. Wheat unsettled; Red 75; White 85 to 90. Whisky 201 to 21. Racon is higher. Linseed Oil 68. Oats 30 to 35. Rye 65. River Intelligence. VICKSBURG, Sept. 10.-The Woodford passed down at 2 o'clock A. M.

2. September 11, 1857 The Evansville Daily Journal Evansville, IN

Article from The Evansville Daily Journal, September 11, 1857

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Suspended. 4818 CINCINNATI, Sept. 10-M. The Miami Valley Bank of Dayton, has suspended. ANDINA START

3. September 11, 1857 Nashville Union and American Nashville, TN

Article from Nashville Union and American, September 11, 1857

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BY TELEGRAPH. HALIFAX, Sept. 9.-Further per Europa. John Dorherty, who failed at Liverpool, was arrested for swindling. The India mail has arrived. Delhi was still held by the mutineers one the 14th of July. They made three additional soties, but were defeated. Sir Hugh Wheeler was killedi at Cawnfore. The garrison there had been reduced to famine and surrendered to Herra Sahib, whole violation of his promise massacred the whole garison. Gen. Haversock subsequently defeated Sahib with great loss. Sahib massacred at Cawnfore two hundred and forty women and children. Among the officers killed are Sir George Parker, Col. Williams and Brigadier Yack. An obstinate battle was fought on the 5th of July before Agra, between the garrison and Memush.The mutineers numbering en thousand. The British retreated with a heavy loss. Two regiments mutinered at Seal Kate in Punjaub July the 9th, massacreing Capt. Bishop, Dr. Graham and the Rev. Mr. Hunt, his wife and child.The mutineers subsequently were defeated. Other disturbances were reported elsewhere. Bombay, Madras and Punjatb are tranquil. Gen. Valicio was to sheceed in command before Delhi, where only 2000 efficctive men could be mustered. China.-Lord Elgin arrived st Hong Kong on the 2d, and was about to proceed southward. The new Cuban Governor enbarks in September and will take out the ultimatun between Spain and Mexico. CINCINNATI, Sept. 10.-The Miami Valley bank at Dayton, Ohio has suspended QUEBEC, Sept. 10-The catain of the steamer Clyde has arrived. He reports that the steamer, cargo, mails and passenger's biggage is a total loss. NEW YORK, Sept. 10.-Tht Grand Jury have in. dicted Mrs. Cunningham for producing a serreptitious heir to the Burdell estate. Cotton dull; Orleans midding 16; middling upland 15%; flour unsettled ; wlent, white $1,35a$1,50; red $1,25a$1,34; corn Bla71b; mess pork unchanged; sugar steady; bacor steady. The bank of New Jersey at Brunswick failed. Frederick G. Swan, commission merchant, has also failed. CINCINNATI, Sept. 10.-Flour $4,50; at the close $4,30a$4,40, and is quite unsettled; wheat unsettled; white 85a90, red 75; whiskey 20}a21; bacon higher; linseed oil 68 oats 30a35; rye 65. NEW ORLEANS, Sept. 10.-Corrox.-Sales 300 bales; good middling 15}a1{}. Receipts 1,450 bales. Mixed corn 65; exchange insettled; other articles dull

4. September 11, 1857 Wheeling Daily Intelligencer Wheeling, WV

Article from Wheeling Daily Intelligencer, September 11, 1857

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SUSPENDED. CINCINNATI, Sept. 10.:-The Miami Valley Bank at Dayton, has suspended. 00018

5. September 11, 1857 Daily Nashville Patriot Nashville, TN

Article from Daily Nashville Patriot, September 11, 1857

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BY TELEGRAPH. BY THE NATIONAL LINE. [Reports Furnished by the Associated Press.] FURTHER NEWS per EUROPA. Halifax, September 9.-John Doberty, who failed at Liverpool, was arrested for swindling. The India mail had arrived. Delhi was still held by the mutineers on the 14th of July. They made three additional sorties, but were defeated. Sir Hugb Wheeler was killed at Cawnpore. The garrison there bad been reduced to famine, and surrendered to Heria Sahib, who, in violation of bis promise, massacred the whole garrison. General Haversock subsequently defeated Sahib with great loss. Sabib massacred at Cawnpore two hundred and forty women and children. Among the officers killed are, Sir George Parker, Col. Williams, and Brigadier Yack. An obstinate battle Was fought on the 5th of July before Agra, between the garrison and Memush, the mutineers numbering ten thousand. The British retreated with a heary loss. Two regiments mutinied at Seal Kate, in Punjaub, July the 9th, massaereing Capt. Bishop, Dr. Grsham, and the Rev. Mr. Hunt and his wife and child. The mutineers subsequently were defeated. Other disturbances are reported else where. Bombay, Madras, and the Punjaub are tranquil. Gen. Valicio was to succeed in command before Delbi, where only two thousand effective men could be mustered. CHINA.-Lord Elgin arrived at Hong Kong on the second, and was about to proceed southward. The new Cuban Governor embarks in September, and will take out the ultimatum between Spain and Mexico. NEW YORK, Sept. 10.-The ship Lexington from New Orleans for Liverpool, went ashore in Bantry Bay. Her cargo, 1100 bales of cotton, and crew, were saved. CINCINNATI, Sept. 10.-The Miami Valley Bank at Dayton, Ohio, has suspended. QUEBEC, Sept. 10.-The captain of the steamer Clyde has arrived. He reports that the steamer, cargo, mails, and passenger's baggage is a total loss. NEW YORK Sept. 10.-The Grand Jury have indicted Mrs. Cunningham for producing a supposittous heir to the Burdell estate. - NEW York, Sept. 10.-The Bank of New Jersey at Brunswick failed. Frederick G. Swan commission merchant has also failed.

6. September 15, 1857 The Davenport Daily Gazette Davenport, IA

Article from The Davenport Daily Gazette, September 15, 1857

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LOCAL MATTERS. The Miami Valley Bank, at Dayton, Ohio, suspended on Thursday. We also learn that the Agricultural Bank, located at Browns ville, Tennessee, has failed.

7. September 15, 1857 The Davenport Daily Gazette Davenport, IA

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Mr city BANDERS & BRO The w LOCAL MATTERS. that the Ohio, suspended Miami on Valley Bank at Dayton, ville Tennessee Agrientitural has Thursday. failed located We at We have w several long communications on hand from among Agricole. our will friend by printers one on only for his kindly as them Mr. of Russell stealing to jail jewelry ninety Mr. Russell Polite, anybow. as well enjoy the three DAVENPORT PHILHARMONIC for rehearsal Meeting evening at half past St. at o'clock Luke's Church Brady seven street. are oria LAYING Railroad TRACK. Co. Island rail the on levee. the with and Road Chicago The days. prospects quite encouraging term of Paine's SINGING.in tion next Thurs. in the day, Lecture lisement. byterian Church as Room will of the First Pres. opportunity to in for those This an admirable seen by adver. lessons wishing music. deck CIRCUIT hand steamer anoth murdering same boat last and fall, Hampton acquitted for yesterday. sentenced the for of years from larceny jewelry nigger R.I. Argus. Mr. BANKS late speech didate for Governor Samuels, the Democratic following language to and Banks opposed Personally failing to that realize their which many and not would is Muscatine Enquirer CONSISTENT. down last issue. Circuses One upon would suppose received it sudden were that twinge the column has editorial adjoining strong all of the of vilest lotteries. recommendation allurements and presume it the Circus agent slighted of crime. troubled his conscience. JUDGE of Hom. number of the has recently Joseph Williams. of Museatine friends who to to that his and is about been appointed Judge in Kansas departure Territory, friendship fellow-citizen. and evening right good to express last bid party him mingled towards on good-bye Friday our old friend will and kindly with bid for RETURNED thank Mr. H. II. has package of Eastern papers Smith he & large dry made just returned York, Mr. where Smith goods, purchases this here. They It is market. for the ladies unnecessary on the Mr look out ular for his new establishment and pop arrivals of goods without they warning. look NATIONAL THEATES. National aire has leased to be called Le Claire Hall and opened c. Gallanar The theatre number of his company arrived Theatre A nar has was had opened evening Mr. and the Galle. experience promises will be to conduct such this establishment business creditable engaged. See adver. tieement bill for this evening. Benolamn ABREATED Yesterday the city lately burglars who have been infesting two our of and Barnet. were at arrested the Franklin by Policemen Reddig gave Brown. their names Thos. Davis House, and They rob They caught in the Wm. house and some the their boarders in attempt the to recovered. money come np hefore indictment. the Ade. grand jury this Their term for UPMOLSTERY call attention vertisement Means Tiedmann to the ad. They have an street, between today's paper. on and Fourth Gaines Western establishment & Salmon, Avenue all kinds of street, where they manufacture with mattrasses per order, This springs, and attend to general lounges will firm deserves patronage, and repairing hope it receive liberally. Gould ELIPTIC SPRING BED BOTTOMS.-MOMEN & Steere are the the sale of the above. thing, notices city for and of we sole high agents commendatory This is a new in this where it in Dubuque and other be it has been introduced. It is cities good spring mattras. said to seen cheap and durahle. Specimens of it can be by calling the establishment above irm, advertisement. on Second street east of Perry. of Mr. J. Lambrite CANE are indebted specimen the ayrup made molasses the Chinese Sugar It Came. was Ana Turner, Iowa, Denmark of this barrels of thirty We cane. to whether scarcely article It syrup pleasant the taste, and to believe prob. not There perellar country Candidly, attent. popularity is problem taste." ting the

8. September 22, 1857 Arkansas True Democrat Little Rock, AR

Article from Arkansas True Democrat, September 22, 1857

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Bank Suspension. Cincinnati, Thursday, September 10. The Miami Valley Bank at Dayton, Ohio, has suspended. Bank Failure, etc.

9. September 26, 1857 Columbia Democrat and Bloomsburg General Advertiser Bloomsburg, PA

Article from Columbia Democrat and Bloomsburg General Advertiser, September 26, 1857

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W. A. J. BRITTAIN, Sec'y. Suspended and Broken Banks. For the information of our readers, and in order to guard them against receiving worthless money, we publish the following list of recently suspended and broken Banks, which has been carefully compiled and compared with the list of the brokers in the city. It is gratifying to note that thus far in the present financial crisis, not a single Pennsylvania Bank is included in the list It is to be hoped they will be able to ride out the storm. Mechanics' Banking Association, N. Y. Farmers' Bank of Saratoga county, N. Y. Sacketts Harbor Baok, Buffalo, Reciprocity Bank, Buffalo. Chemung County Bank, Horseheads, N. Y. Ontario Bank, Vica, N. Y. Ontario County Bank, Phelps, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. V. Hollister Bank, Buffalo. Niagara River Bank, Towanda, N. Y. Bank of Orleans, Albion, N. Y. Huguenot Bank, New Paltz, N. Y. New-York County Bank, N. Y. Farmers' Bank, Wickford, B. I. Mount Vernon Bank, Providence, R. I. Rhode Island Central Bank, East Greenwich, R. I. Bank of South County, Wakefield, R. I. Warwick Bank, Warwick, R. I. Tiverton Bank, Tiverton, R. I. Bank of Hallowell, Maine. Hancock Bank, Ellsworth, Maine. Danby Bank, Danby, Vt. Bergen County Bank, Hackensack, N. J. Bank of New Jersey, New Brunswick, N. J. Merchants Exchange Bank, Bridgeton, Ct. Wooster Bank, Wooster, Ct. Sanford Bank, Sanford, Maine. Monson River Bank, Monson, Mass. Kanawha Bank, Virginia. Miama Valley Bank, Dayton, Ohio. S Bank of West Tennessee, Memphis, Tenn. a Agricultural Bank, Brownsville, Tenn, d Bank of Commerce, Georgetown, D.C. Colchester Bank, Connecticut.

10. October 9, 1857 Vermont Watchman and State Journal Montpelier, VT

Article from Vermont Watchman and State Journal, October 9, 1857

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LIST OF SUSPENDED BANKS TO SEPT. 25TH. Meusam River Bank, Sanford, Maine. Canton Bank, South China, Maine. Ellsworth Bank, Maine. Exchange Bank, Bangor, Maine. Sanford Bank, Sanford, Maine. Exter Bank, New Hampshire. Danby Bank, Vermont. South Royalton Bank, Vermont. Bank of the Republic, Providence, R. I. Bank of South County, Wakefield, R. I. Farmers' Bank, Wickford, R. 1. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Fall River, R. I. Warwick Bank, Warwick, R. I. Merchants' Exchange Bank, Bridgeport, Ct. Colchester Bank, Conn. Bank of Orleans, Albion, New York. Hollister Bank, Buffalo, New York. Niagara River Bank, Tonawanda, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. Y. Ontario County Bank, Phelps, N.Y. Ontario Bank, Utica, N. Y. Reciprocity Bank, Buffalo, N. Y. Sackett's Harbor Bank, Buffalo, N. Y. American Bank, Trenton, N. J. Bank of New Jersey, New Brunswick, N.J. Bergen County Bank, Hackensack, N. J. Bank of Kanawha, Virginia. Trans-Allegany Bank, Virginia. Bank of Commerce, Georgetown, D. C. Canal Bank, Cleveland, Ohio. City Bank, Cincinnati, Ohio, Seneca County Bank, Tiffin, Ohio. Miami Vally Bank, Dayton, Ohio. Clinton Bank, Columbus, Ohio. Columbus City Bank, Columbus, Ohio. Union Bank, Sandusky, Ohio. Agricultural Bank, Brownsville, Tenn. Bank of West Tennessee. Bank of the Capitol, Indianapolis, Ia. Central Bank, Indianapolis, la. Bank of Elgin, Elgin, Illinois. Rock River Bank, Beloit, Wisconsin. Pennsylvania Bank, Philadelphia. Girard Bank, Phiadelphia. Bank of Canandaiagua, Canandaigua. Western Bank, Lockport, N.Y. Commercial Bank, Philadelphia. Six Penny Savings Bank, Rochester, N. Y. Albany Eve. Journal.